Can you enlighten me...
No.
You seem to be especially enlightened it seems. Your super genius argument tactics are no match for me.
Re: CJ stopped Mush & Shaukat from billion $ fraud
Another blow for Musharraf, Zardari today agreed to increase the CJ’s term to 5 years.
ISLAMABAD, May 25: Pakistan People’s Party co-chairman Asif Ali Zardari has agreed to a proposal put forward by the Pakistan Muslim League-N to increase the tenure of the chief justice of Pakistan to five years in his party’s constitution amendment package.
According to PTV, Mr Zardari assured PML-N leader Ishaq Dar during a meeting here on Sunday that the tenure would be increased to five years from the proposed three.
Mr Dar had called on Mr Zardari to discuss the draft of the constitution amendment bill and the federal budget, PPP sources said.
The sources said Mr Zardari assured the PML-N leader that all deposed judges, including Chief Justice Iftikhar Mohammad Chaudhry, would be reinstated.
The sources said an agreement between the PPP and PML-N on the chief justices’ tenure could pave way for resolving an issue which had the potential of triggering a serious political crisis.
PML-N spokesman Siddiqul Farooq praised Mr Zardari’s decision and expressed the hope that it would end bitterness between the coalition partners over non-implementation of the Murree Declaration.
He said Mr Zardari’s gesture should be followed by concrete action in the light of promises made in the declaration.
Commenting on Mr Zardari’s announcement that the bill would be tabled in parliament in June and approved in July, the PML-N spokesman said it would not be sagacious to prolong the issue of reinstatement of the judges.
“I think the issue can be decided in six days by both the houses of parliament. Otherwise, it will provide ample time to conspirators to disrupt the democratic process started after the Feb 18 elections,” he added.
The TV channel quoted Mr Zardari as saying that Mr Dar had done a lot of work on the budget before resigning as the finance minister and he was helping the government in this regard.
Iam amazed with the skills of MQMers for twisting the facts?
the answer to ur comment is, please have look into the details of the deal, and then talk.
Provide proof of allegations or stop typing empty words.
Has a case been lodged against Great President Musharaf and Shaukat Aziz, the Greatest Finance Minister and one of the longest serving PM's in Pakistan history? :)
Re: CJ stopped Mush & Shaukat from billion $ fraud
^ Yes, a case was filed against both Musharraf and Shortcut Aziz, purchasing lavish farmhouses illegally, but sadly the dictator illegally ousted the official who would hear such cases.
Provide proof of allegations or stop typing empty words.
If u want some proofs, then google it i am sure u'll get it... but i am sure u'll never acknowledge it, untill Molana Altaf Hussain changes his loyalties.
......*The former chairman of the Steel Mills said he told Shaukat Aziz that the price of only land of the Steel Mills was Rs 40 billion whereas he was fixing the price of whole the project at Rs 21 billion. This is too low, he further informed the prime minister. He said the prime minister turned a deaf ear to his view and insisted to wrap up the deal before long. *...
This is simply a fight between socialists and free market reformers.
Socialists want the sick industrial units to stay that way.
Free market reformers want to rid the sick units from union mobsesters and baboos.
In the end, Pakistani taxpayers will continue to fund the sick units as long as socialists can use ignorant judges and media for their nefarious objectives.
Has anyone asked how did the dear chairman reach the value of Rs. 40 billion? Who was the appraiser?
And what basis were used to reach this value?
Even when an appraiser puts the value to Rs. 40 billion (roughly $0.7 to 1 billion), how many buyers are willing to pay that price?
Has Mr. Qayyum got a buyer? or he is just spewing socialist propaganda?
Another blow for Musharraf, Zardari today agreed to increase the CJ's term to 5 years.
ISLAMABAD, May 25: Pakistan People’s Party co-chairman Asif Ali Zardari has agreed to a proposal put forward by the Pakistan Muslim League-N to increase the tenure of the chief justice of Pakistan to five years in his party’s constitution amendment package.
According to PTV, Mr Zardari assured PML-N leader Ishaq Dar during a meeting here on Sunday that the tenure would be increased to five years from the proposed three.
Mr Dar had called on Mr Zardari to discuss the draft of the constitution amendment bill and the federal budget, PPP sources said.
The sources said Mr Zardari assured the PML-N leader that all deposed judges, including Chief Justice Iftikhar Mohammad Chaudhry, would be reinstated.
The sources said an agreement between the PPP and PML-N on the chief justices’ tenure could pave way for resolving an issue which had the potential of triggering a serious political crisis.
PML-N spokesman Siddiqul Farooq praised Mr Zardari’s decision and expressed the hope that it would end bitterness between the coalition partners over non-implementation of the Murree Declaration.
He said Mr Zardari’s gesture should be followed by concrete action in the light of promises made in the declaration.
Commenting on Mr Zardari’s announcement that the bill would be tabled in parliament in June and approved in July, the PML-N spokesman said it would not be sagacious to prolong the issue of reinstatement of the judges.
“I think the issue can be decided in six days by both the houses of parliament. Otherwise, it will provide ample time to conspirators to disrupt the democratic process started after the Feb 18 elections,” he added.
The TV channel quoted Mr Zardari as saying that Mr Dar had done a lot of work on the budget before resigning as the finance minister and he was helping the government in this regard.
Question: Is it a new 5 year term, or will it be deducted from the already served time in office plus/minus whatever remains?
Re: CJ stopped Mush & Shaukat from billion $ fraud
The person representing the Tuwairiqui group was a Pakistani and a close friend. He was also involved in buying Nawaz Sharif's steel mills in Saudi, at which the Saudi Govt was a bit irritated as Sharif brothers got a special deal from the Saudi govt to set it up. Anyway there was a lot happening behind the scenes in the deal for Pak Steel mills but none of it was what is being reported here or in the media. The fact is that even at the time of rising steel prices, not many parties were interested in Pakistan Steel Mills and the price quoted was the best deal on the table.
The real failure was of the privatisation comission for failure of the privatisation commission for not being able to get more parties interested.
..... The fact is that even at the time of rising steel prices, not many parties were interested in Pakistan Steel Mills and the price quoted was the best deal on the table. .
Well said. It was the best offer. Once the deal was closed, socialists made a raucous and destroyed the deal.
Investors around the world always look for deals. Pakistan is not a good destination for such investments for many reasons. But one of the main reason is that Pakistani baboos and media are strong socialists and protectionists. They bend the government policies towards far left thus scaring away investments.
CJ just became a tool in the hands of socialists! Unfortunately!
Re: CJ stopped Mush & Shaukat from billion $ fraud
^So did Musharraf! (Though he wasn't played by Socialists, he became victim of the Imperialists in the race to earn quick and exit) Unfortunately!
He came into power with a vision but lost that pretty quick. Pity :(
Provide proof of allegations or stop typing empty words.
I wonder if allegations against CJ were proved and also why Musharraf didn't prosecute him of his crimes once new judiciary was in place.
I wonder if allegations against CJ were proved and also why Musharraf didn't prosecute him of his crimes once new judiciary was in place.
Mush probably felt sorry for the guy.
Come on, you can do better Khekeshan 
I mean it, the guy has eye problems and slurs his words when he speaks. I feel sorry for him.
Re: CJ stopped Mush & Shaukat from billion $ fraud
Then he should get speech therapy from Musharraf (mera dignity aye), and eye movement lessons from Altaf 'Eye Poser' Bhai.
Just for that he felt sorry? 
The truth is that since CJ had no more say in what Mushy wanted to get done hence no need of pressurising/blackmailing CJ.
I am sorry that I did not read all the arguments but anyone saying that $362 million for 75 percent shares of Pakistan Steel Mill was not fair value does not know anything. Pakistan Steel Mill was a loss making venture and never gave any profit until few years before Privatisation was due. Most of Pakistan Steel mill plants were obsolete and the output capacity was 1.1 million ton (after lot of stretching). Any comparable Steel Mill anywhere in the world, even in Western countries could not have fetch much more than $500 million (total price Pakistan Steel Mill was getting, as $362 million was 75 percent stake) with all conditions attached including baggage of unproductive 1000s of labour force, plus commitment by buyers of further investing on Steel Mill that was beneficial to government as that 25 percent shares was to get more worth with time as investment and profitability would have increased, plus higher taxes with higher profit another advantage.
Let argue about Land price first than we can see if Mill price was good or not?
Lands of PSM that got included as part of sale was 4547 acres and that land was actual land where Mill was situated. Some claim that value of this land was Rs 20 million an acre, but they are wrong. Why?
Land around PSM got worth because of PSM. Value of 20 million per acre is for those lands that can be used for any purpose, not one that has fixed purpose. For PSM land to get valued at 20 million, PSM had to dismantle Steel Mill and get permission from government to use it for any purpose and even than it would be worth much less than 20 million an acre. If there would have been no permission, land would be worth nothing. For instance, if there is farm land in centre of Islamabad without permission of getting that land used for any other purpose, than that land would be worth nothing, maybe not even 1 million an acre. Reason is simple, and that is, anyone who would buy that land has to do farming on that land and would see what he can get out of that land from farming per year. Same is true of PSM lands, as that land has fixed purpose and that is to have Steel Mill there.
As for land price, I am sure that many may be feeling surprised by me saying that its value cannot be calculated and compared with what free land outside Steel Mill in that area could be worth. Reason again is simple, that the value of those lands are worthless unless government gives permission to Steel Mill that they can dismantle the Mill and use that land for any purpose they want. Government permission is very important when worth of land is concerned, as same land that can only be used for any particular purpose (like Steel Mill only), for only farming, for residential purpose or commercial, can cost different prices.
So, anyone who would buy that land he has to put Steel Mill there (well, Steel Mill was already there) and now it is that Steel Mill that has to be business venture for any investor to buy that land and Mill. In most business ventures, if one invests 500 million dollars (total price of PSM), the venture has to give return of around 100 million dollars (or more) a year for it to be business. Pakistan Steel Mill was not even near to that return. I do not think that if I would have $500 million dollars than I would buy a Steel Mill that has thousands of employees (as to get rid of employees cost money too and regardless of profit, they get paid) and that Mill does not give a net profit of 75 to 100 million dollars a year. I might buy a Steel Mill with lower return if I would be expecting higher return soon, as investing of 500 million dollars would cost investors anything around 40 to 50 million dollars in interest alone every year.
If anyone thinks that $500 million for a Steel Mill with 1.1 million ton steel output and baggage of thousands of unproductive workers is not reasonable price than give me a single example where a Steel Mill with 1.1 million ton output was sold at much higher price than that. [As for land, I have already mentioned that land price is nominal unless there is permission of government for its use other than Steel Mill purpose].
Now, let see what other Steel Mills got?
Here is one: Luxembourg-based ArcelorMittal claims that Esmark breached its August 2007 agreement to purchase the Sparrows Point plant for $1.35 billion. The proposed sale fell through in December because of financing problems
http://www.businessweek.com/ap/financialnews/D90I7RV00.htm
Sparrows point plane: Employees 2500 and produces 3.5 million ton of Steel. Just look at efficiency of the Mill, that it employs 2500 people compare to more than 10 times by PSM, and produces 3.5 million ton Steel, that is more than 3 times what PSM produces. Still it seems that $1350 was a good price, that fell and seller (Mittal and Co) are upset.
Compare another sale (the highest price for a Steel Mill): World biggest Steel Mill in Ukrainian (Kryvorizhstal Steel Mill) was initially sold for $850 but later bought by Mittal group for $4.8 billion (around 10 times what PSM was getting). But then, Ukrainian Steel Mill has 56000 employees and produces around 8 million tons of Steel but that is not the end as Mill also includes Iron ore Mine that has possible reserves of 1000 million tons of iron ore. Mittal group bought this Mill and considered that he paid too much for it,
http://www.nytimes.com/2005/10/25/business…nyt&emc=rss
[Kryvorizhstal’s production capacity could reach 10 million tons a year, and the acquisition comes with an iron ore mine with possible reserves of one billion tons, Aditya Mittal, Mr. Mittal’s son and the company’s president and chief financial officer, said during the conference call. Kryvorizhstal also produced 17.1 tons of iron ore.
…
The $4.8 billion sale price was more than double the price originally set by the Ukrainian government, though with steel prices softening in some regions, some analysts in London wondered if Mr. Mittal overpaid]
Well, there are 100s of Steel Mills going for sale and even though I am not putting prices of all, I can tell this much that PSM price (100 percent) of $500 million was not that mean (especially, government could have got much more for their 25 percent share later on once Mill would have started working more efficiently).
Re: CJ stopped Mush & Shaukat from billion $ fraud
Lets also talk about another thing the CJ tried to stop, the acquisition of illegal farm houses by Mush and Shaukat, and please limit yourself to 2-3 paras.
Lets also talk about another thing the CJ tried to stop, the acquisition of illegal farm houses by Mush and Shaukat, and please limit yourself to 2-3 paras.
LOL, moving onto the next made up scandal so soon?